A2M 16.8% $5.62 the a2 milk company limited

Media Updates, page-1422

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    Is it too late to buy A2 Milk and 2 other high flying shares?


    It certainly has been a positive start to 2019 for the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO). Since the start of the year the benchmark index has put on a gain of almost 10%.

    Whilst this is undoubtedly a strong gain, some shares on the index have outperformed it by a significant margin.

    The three shares listed below have been amongst the best performers on the market this year. Is it too late to invest?

    The A2 Milk Company Ltd (ASX: A2M) share price has been a big mover in 2019, putting on a gain of 34% for its shareholders. The catalyst for this gain was the infant formula and dairy company’s strong first half result. In the first half of FY 2019 a2 Milk posted a 41% increase in revenue to NZ$613.1 million and a 55.1% jump in net profit after tax to NZ$152.7 million thanks once again to impressive infant formula sales. Whilst its shares look fully valued now, I would still recommend them if you’re prepared to hold on for the long-term.

    Last edited by rohop: 04/03/19
 
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Last
$5.62
Change
0.810(16.8%)
Mkt cap ! $3.808B
Open High Low Value Volume
$5.59 $5.72 $5.38 $41.95M 7.552M

Buyers (Bids)

No. Vol. Price($)
19 4183 $5.61
 

Sellers (Offers)

Price($) Vol. No.
$5.63 10136 8
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A2M (ASX) Chart
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